Lately, I’ve been thinking a lot about thinking. We spend such a large portion of our days reacting to issues flying at us from all directions that we can easily lose sight of where we’re headed and why we’re going there. We’re so busy that we don’t have time to think, and failing to allot time to think is ultimately counterproductive. Taking time (and even scheduling time) to reflect on past actions and consider future courses of action is more important than we often realize.
“Every leader should routinely keep a substantial portion of his or her time—I would say as much as 50 percent—unscheduled. Until you do so, you will never be able to develop the detachment required to identify long-term threats to the organization or the flexibility to move quickly to take advantage of random opportunities as they emerge. Only when you
have substantial ’slop’ in your schedule—unscheduled time—will you have the space to reflect on what you are doing, learn from experience, and recover from your inevitable mistakes. Leaders without such free time end up tackling issues only when there is an immediate or visible problem.”
Frohman makes some excellent points about the need to learn from experience and pull the value from the mistakes we make. Truly understanding the pros and cons of past decisions, ideally with the benefit that hindsight and new learning gives us, helps us better prepare for future decisions.
But there’s so much going on every day, and with staff cuts we have more work than ever. How can we possibly afford to time to think?
Well, Frohman has a ready answer:
“Managers’ typical response to my argument about free time is, ‘That’s all well and good, but there are things I have to do.’ Yet we waste so much time in unproductive activity—it takes an enormous effort on the part of the leader to keep free time for the truly important things.”
Of course, that’s easy to say and considerably harder to do. But it’s so important. Without taking the time to focus on the most important issues, tactics and strategies, we end up constantly fighting fires and ultimately working our way into a death spiral.
I find that if I give my think time enough priority, I can find a way to get it in. For me, actually scheduling time on my calendar makes all the difference. It also forces me to put some of the daily issues into perspective and postpone or even cancel meetings that don’t rate highly enough on the prioritization scale.
So, what do we do with this newly scheduled time to think?
Reflect on past decisions
I’ve recently started spending some time actively thinking through the decisions I made during the previous week or so. It’s amazing how hard it was at first to think of many decisions I made, particularly the numerous small decisions that happen every day. They came and went so fast that I didn’t really immediately retain them and their effects. Where they good decisions or bad decisions? It made me wonder if I could make better decisions in the future just by doing a better job of examining past decisions.
Open up to new ideas and learn something new
I am constantly hungry for new ideas. I love to read interesting new books, and I try to read as many blogs as I can. Of course, all of that reading takes time, so I look for my opportunities wherever I can. I try to read for at least a half hour every night, and I’m always looking for books that will expand my thinking.
I’m currently reading a very interesting book called How We Decide by Jonah Lehrer. It’s essentially about behavioral economics (a fascinating field with all sorts of retail implications) but the twist is that he actually examines the inner mechanics of the brain to explain why we do what we do. He’s a good story teller and it doesn’t get to “scienc-y.” (Is that a word?)
Another book that has me thinking more than any book I’ve read in a very long time is Fooled By Randomness by Nassim Nicholas Taleb. How much time have we mis-spent reacting to data that lacks statistical significance? Could some focused learning on the events that fool us time and again prevent us from making bad decisions in the future?
I use Google Reader to follow many thought provoking blogs, including those listed on the right column here. I also use the Newsstand application on my iPhone, which syncs with Google Reader and allows me to take in a blog or two at all sorts of random moments when I have a little bit of time on my hands. In fact, during my blog reading recently I even came upon a list of new an “out-of-the-box” ways to inject thinking in your business from Mitch Joel.
Anticipate the future
After analyzing past decisions and opening up my mind to new ideas, I try taking some time to start anticipating the future. Here, I think it’s definitely important to imagine large strategic shifts in the marketplace, but it’s also important to consider daily issues that come up with staff, marketing tactics, etc. as well. How are different types of decisions made in the organization, and who makes them? Is decision making authority matched with accountability? Are decision makers aware of their boundaries? Are the boundaries appropriate? Is the business strategy correct and clearly communicated? Are we working towards the right objectives? Should I consider a different approach when working with a particular person? Should I go with the ham or the turkey for lunch. 🙂
You’re clearly reading at least one blog today, so it’s good that you’ve already made some time in your day. Good news! I hope you’ll be back, and I hope you’re also taking some time to read more of the really great content that’s available out there in both book and blog form. I hope you’ll come across something so mind-blowingly thought provoking that it changes the way you think about something. I hope you’ll be so open to new ideas that you won’t be afraid to change your mind about past decisions and direction. (Side note pet peeve of mine: Why do we criticize leaders and politicians who change their minds? Would you rather work with someone who can change his or her mind in the face of new information or someone who stubbornly sticks to convictions no matter what?)
And, if you haven’t already, I hope you’ll consider adding some “slop time” to your schedule to allow you to reflect on past decisions, open up to new ideas and new learning, and anticipate the future.
Now it’s your turn. I’d love to hear how you find time to think. What are your sources of expanded thinking? Will you share any great books or blogs that you’ve read? What’s changed your thinking recently?